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Mon Oct 15, 2012, 03:36 PM

Medicare Vouchers Would Raise Costs For Most Seniors, (Kaiser Family Foundation) Study Finds

http://tpmdc.talkingpointsmemo.com/2012/10/kaiser-study-medicare-premium-support.php?ref=fpa

Converting Medicare into a voucher program modeled on the plan Mitt Romney and Paul Ryan have proposed would increase premiums for the majority of seniors, even ones who choose to remain in traditional Medicare, according to a comprehensive nonpartisan study (PDF) released Monday.

The Kaiser Family Foundation delved into the likely impact of transforming Medicare into a “premium support” system. Under that approach, the federal government would provide seniors a subsidy to shop for insurance plans from a menu of competing private plans and traditional Medicare. That subsidy would be capped at the value of the second least costly premium in the marketplace.

Using 2010 data as a model, Kaiser’s study found that among seniors who chose to remain in traditional Medicare, more than half would have paid higher premiums. Just under half would have paid the same. That would’ve yielded an average premium hike of $720 annually for seniors who chose to remain in traditional Medicare.

Among seniors with private Medicare Advantage plans, 88 percent would have paid higher premiums unless they switched to a cheaper plan with less generous benefits. On average, seniors already in private plans would have paid $1,044 more annually, according to the study.
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Reply Medicare Vouchers Would Raise Costs For Most Seniors, (Kaiser Family Foundation) Study Finds (Original post)
Bill USA Oct 2012 OP
Purveyor Oct 2012 #1
area51 Oct 2012 #2
Bill USA Oct 2012 #3

Response to Bill USA (Original post)

Mon Oct 15, 2012, 03:49 PM

1. Hope this report makes it to the network news coverage. eom

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Response to Bill USA (Original post)

Thu Oct 18, 2012, 03:37 AM

2. There's only one reason for this.

Republicans want to kill off the elderly and disabled.

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Response to area51 (Reply #2)

Thu Oct 18, 2012, 05:32 PM

3. their secret program for bringing down the cost of medicare.

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